(finance, UK, US) A highly speculative stock selling for less than one dollar or pound per share and quoted in cents or pence.
Every so often, the practice reappears in the trading of “penny stocks”—cheap, rarely traded, shares. Years ago when volume was thinner, it was said to be common in blue chips too.
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UK and Irish slang — Cockney, Scouse, Geordie, Yorkshire, Glaswegian, Brummie, Welsh, West Country, plus Irish English. Centuries of regional dialects feeding into modern British and Irish street talk.
See all British & Irish slang slang on Slangora.
Browse all slang words starting with P.
“Congrats on the 1.56 win and 63% gain, that's some impressive trading! Can you tell us more about your stock pick, was it a penny stock or a well-established player?”
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